Archive

Could 2018 be the year that carbon markets take off? More investors are betting on it. The prices for carbon credits increased by about 20% in North America over 2017[1]. Other compliance-based environmental markets seem to be delivering positive results as well. Investors are taking notice. Bullish Outlook for Carbon In response to ...

The second Cap and Trade Auction, held on June 6th, completely sold out current (2017) emission allowances. 53.7% of future 2020 emission allowances were sold as well, which is more than double the amount that were sold in the previous auction. The Ontario Cap and Trade program is off to a solid start. The first […]

One critique of carbon markets and cap and trade programs is that they are complicated and difficult to understand. CSG has developed visual diagrams that help explain the complexities of two carbon market systems (1) the Western Climate Initiative (WCI) carbon market between California, Quebec and Ontario (when linked in 2018), and ...

For Ontario to have a complete cap and trade system as contemplated in the Ontario government’s announcements, there are two significant elements left to be added. Those elements are (i) the creation of a link with California and Quebec and (ii) the creation of an Ontario offset system. This article deals with an important part ...

The Climate Solutions Group Limited has created a structured offset product that will represent a proportionate share of the deliveries from a portfolio of offset contracts to be used by emitters to assist in satisfying compliance obligations in an efficient and economical manner. The offsets will be usable, as chosen by the GHG ...

Strong results of the 11th Joint Auction between California and Quebec of the Western Climate Initiative (WCI) were announced by regulators on May 24th, 2017. The auction, held on May 16th, 2017, sold out current vintage allowances for the first time since November 2015. The WCI auction results are good news for Ontario. Why? The ...

The Ontario Cap and Trade Forum, held on April 26th and 27th in Toronto brought together government representatives, industry associations, regulated emitters, and a range of carbon market service providers who all share a stake in Ontario’s emerging carbon market. A number of presentations and panel discussions across two full ...

On April 6th, the California Court of Appeal upheld the California Air Resource Board’s cap and trade program. This is a big deal. California is the world’s sixth largest economy and it is balancing the priorities of economic growth tackling climate change. This sets a precedent for other jurisdictions and shows that cap and ...